Global Steel Cord Market research report published by market insight reports explores the current outlook in global and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the global market, and divides the Market into several parameters.
This Steel Cord Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected growth of the global market for approaching years from 2020 to 2026. This research report has been aggregated on the basis of static and dynamic aspects of the businesses.
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The global Steel Cord market is valued at 6117.8 million USD in 2020 is expected to reach 8641.1 million USD by the end of 2026, growing at a CAGR of 5.0% during 2021-2026.
Steel cord is the fine steel wire strand or rope for special purposes, which are made of superior high-carbon steel and whose surface is plated with brass. Steel cord is a Freight Car Use mainly reinforcing the casting and at the same time keeping the tire flexible enough to resist shocks and to improve comfort of tires.
Asia Pacific market took up about 69% the global market in 2018, while Europe and North America were about 16%, 13%.
The prominent players in the Global Steel Cord Market:
Bekaert, Jiangsu Xingda Steel Cord, ArcelorMittal, Hyosung, Shandong SNTON Steel Cord, Bridgestone, Shougang Century, Tokusen, Tokyo Rope MFG, Hubei Fuxing New Material, BMZ, Henan Hengxing, Junma Tyre Cord, Sumitomo Electric Industries, Sodetal and Others.
It further provides the profile reviews of the leading participants, their overall market shares in the global market, business strategies they have adopted, and the latest developments in their respective business in a bid to enhance the decision-making capability of the readers.
The ‘Steel Cord’ market can be divided based on product types and It’s sub-type, major applications and Third Party usage area, and important regions.
This report segments the Global Steel Cord Market on the basis of Types are:
Normal Tensile (NT)
High Tensile (HT)
Super Tensile (ST)
Ultra Tensile (UT)
On the basis of Application, the Global Steel Cord Market is segmented into:
Passenger Car Use
Freight Car Use
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Steel Cord Market these regions, from 2020 to 2026 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia–Pacific (China, Japan, Korea, India and Southeast).
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Steel Cord Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Steel Cord Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
The research includes historic data from 2015 to 2019 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Steel Cord market report offers a complete and detailed study of global Steel Cord market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.
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